SOURCE: Consolidated Streaming, Inc.

August 31, 2005 13:02 ET

Consolidated Streaming Inc. Deploys Custom Ad Server for Wi-Fi TV Online TV Web; New Ticker Symbol Announced

BOCA RATON, FL -- (MARKET WIRE) -- August 31, 2005 -- Consolidated Streaming Inc. (OTC: CSEM) announced today that it has successfully completed its re-domicile to the state of Nevada. As a result of now being a U.S. based company, the ticker symbol for Consolidated Streaming Inc., effective immediately, is 'CSEM.'

Consolidated Streaming Inc. also announced that it has deployed a custom ad-server for the use of Wi-Fi TV Inc. (OTC: WTVN) on its live TV web site www.Wi-FiTV.com.

"We have built functionality to allow for payouts through a complete backend payment module to track and payout commissions to advertisers for click-throughs, page views and sales," stated Keith Friedman, Chairman and CEO of Consolidated Streaming Inc.

"For a globally delivered web site like Wi-FiTV.com with multiple country and category pages, Consolidated Steaming had certain parameters for the creation of the ad server. It had to log and register page views and click-throughs for both the advertiser and for Wi-Fi TV Inc. There is an administration feature available to both the advertiser and Wi-Fi TV to monitor how many page views and click through for each ad. Specific to the global nature of the site, it allows us to create zones of ads where we signify the placement of the ads, and specifically measure the response in each zone. It allows us to rotate ads and Consolidated Steaming is in the process of building additional functionality to intelligently display ads on-the-fly that are getting the most response via dynamic delivery," Mr. Friedman added.

More than 200 channels for live TV programming, country and category specific breaking news and free voice over IP phone calls are available at Wi-Fi TV Inc.'s web site www.Wi-FiTV.com. Consolidated Streaming Inc. and Wi-Fi TV Inc. are working closely together on the development of all aspects of the web site.

About Consolidated Streaming, Inc.

Consolidated Streaming, Inc., a publicly listed company, is a digital media company specializing in providing Live-On-Demand content to niche market audiences. For further details on this and other Consolidated Streaming news, please visit: http://www.consolidatedstreaming.com.

For online distribution of content, Consolidated Streaming, Inc. can be contacted at 386-767-1210 or by e-mail at content@consolidatedstreaming.com.

About Wi-Fi TV, Inc.

Wi-Fi TV, Inc. offers free local, long distance and global telephone service with its Wi-Fi TV virtual dialer and 200 free one-click Wi-Fi TV content channels at http://www.Wi-FiTV.com. Wi-Fi TV, Inc. (http://www.wi-fitv.com) (http://www.cinemapop.com) has a history of innovation in online content delivery and plans to quantify the value of this unique experience, now that high-speed Internet delivery is becoming available to millions of consumers around the world. Wi-Fi TV draws on the latest IPTV technology and ten years of experience in the delivery of video over the Internet in launching its new service.

Forward-Looking Statements

Any statements made in this press release which are not historical facts contain certain forward-looking statements, as such term is defined in the Private Security Litigation Reform Act of 1995, concerning potential developments affecting the business, prospects, financial condition and other aspects of the company to which this release pertains. The actual results of the specific items described in this release, and the company's operations generally, may differ materially from what is projected in such forward-looking statements. Although such statements are based upon the best judgments of management of the company as of the date of this release, significant deviations in magnitude, timing and other factors may result from business risks and uncertainties including, without limitation, the company's dependence on third parties, general market and economic conditions, technical factors, the availability of outside capital, receipt of revenues and other factors, many of which are beyond the control of the company. The company disclaims any obligation to update information contained in any forward-looking statement. This press release shall not be deemed a general solicitation.

Contact Information

  • Contact:
    Wi-Fi TV, Inc.
    Shareholder Relations
    Colby Marceau
    949-716-9397

    Consolidated Streaming, Inc.
    Keith Friedman
    Chairman
    386-527-2580